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17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970
17-23 Palmer Street Salem MA 01970

Listing Tools

CASH COW! Strong cash-flowing 6-unit multifamily investment opportunity in desirable Salem, MA. The property generates approximately $248,724 in gross annual income and a high NOI, offering an attractive cap rate of approximately 8.5%. Based on typical financing assumptions, projected Year-1 cash flow is approximately $64,000 with a healthy DSCR of about 1.46. The building includes six residential units plus additional income from laundry and storage. Conveniently located near MBTA commuter rail with easy access to Boston and Salem's vibrant downtown, waterfront, restaurants, and retail. Excellent opportunity for investors seeking stable income with long-term upside potential.

Property Details of 17-23 Palmer Street

Property Details

Interior Features

Exterior Features

Utilities and Appliances

Other Details

Map Location

Listed by The Liu Group of Realty ONE Group Cosmopolitan

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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